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Andrew [12]
3 years ago
8

Jackson has the choice to invest in city of Mitchell bonds or Sundial, Incorporated corporate bonds that pay 5.8 percent interes

t. Jackson is a single taxpayer who earns $52,500 annually. Assume that the city of Mitchell bonds and the Sundial, Incorporated bonds have similar risk. What interest rate would the city of Mitchell have to pay in order to make Jackson indifferent between investing in the city of Mitchell and the Sundial, Incorporated bonds for 2020
Business
1 answer:
Ber [7]3 years ago
3 0

Answer:

4.524%

Explanation:

Jackson's marginal tax rate = 22%

after tax return of Sundial Incorporated bonds = 5.8% x (1 - 22%) = 4.524%

since municipal bonds are not taxed by the federal government, in order to compare the yields we must calculate the after tax return of corporate bonds. On the other hand, federal bonds do not pay state and local taxes.  

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List any additional information which will help in determining your professional qualifications for a position.
guapka [62]
<span>Understanding the tasks required of the position is a necessity, as are any certifications that the job may need. In addition, listing references who have experience in the same or related fields can give an employer additional information that could bolster one's value in their eyes.</span>
7 0
3 years ago
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
Bas_tet [7]

Answer:

Competition tribunal

Competition commission

Explanation:

They protect the rights of the customers

6 0
3 years ago
A July sales forecast projects that 5,000 units are going to be sold at a price of $12.50 per unit. The management forecasts 2%
Pavlova-9 [17]

Answer:

P_i = 5000 units *12.5\frac{dollars}{unit} = 62500 dollars

And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:

1.02*5000 units= 5100 units

And the Total August sales would be given by:

P_f = 5100 units *12.5 \frac{dollars}{unit}= 63750 dollars

And the correct answer for this case would be:

$63,750

Explanation:

For this case the original number of sales for this case is 5000 units and the unitary price is given by 12.5 \frac{dollars}{unit}

And the total sales for the original case would be given by:

P_i = 5000 units *12.5\frac{dollars}{unit} = 62500 dollars

And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:

1.02*5000 units= 5100 units

And the Total August sales would be given by:

P_f = 5100 units *12.5 \frac{dollars}{unit}= 63750 dollars

And the correct answer for this case would be:

$63,750

7 0
3 years ago
Carlisle Transport had $4,716 cash at the beginning of the period. During the period, the firm collected $1,517 in receivables,
Gnesinka [82]

Answer:

the  cash balance at the end of the period is $3,551

Explanation:

The computation of the cash balance at the end of the period is shown below:

= Cash Balance at beginning of the period + received from receivables - paid to suppliers- cash expenses

= $4,716 +  $1,517 - $2,182 - $500

= $3,551

Hence, the  cash balance at the end of the period is $3,551

The above formula should be used for the same

4 0
3 years ago
In a certain economy, the components of planned spending are given by:
viktelen [127]

Answer:

B) 790-700r

Explanation:

Aggregate Expenditure is the expenditure by all the sectors of economy. By Households = Consumption (C), By Firms = Investment (I), By government = Govt spending (G) & tax leakages (T), By Rest world = Next Exports (NX).

Autonomous Expenditure is the level of expenditure in economy, which doesn't depend on level of Income = Y.

AE = C + I + G + NX

[500 + 0.8 (Y-150) - 300r] + [200 - 400r] + 200 + 10

500 + 0.8Y - 120 - 300r + 200 - 400r + 210

500 - 120 + 200 + 210 - 300r - 400r + 0.8y  

790 - 700r + 0.8y

As, it can be seen that the part of AE = '790 - 700r', excluding '0.8y' : is not dependent on Income Y. So, it is Autonomous Expenditure

4 0
3 years ago
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